#ETH Daily Analysis
The price is oscillating around 2630, and overall, it is still in a downward trend. Although there has been a recent rebound, the strength is limited, reflecting insufficient confidence from the market bulls.
In the short term, the price may operate between 2620 and 2660, with a possibility of a tug-of-war between bulls and bears. If the price breaks below 2620, there is a possibility of further downside; if it can effectively break above 2660, there will be an opportunity to test the strong resistance level above at 2730.
Potential Buy and Sell Points
Buy Point: 2622 (close to the short-term support level; if it can stabilize at this support, a rebound opportunity may arise)
Long Stop Loss Point: 2590 (breaking below this key psychological price level indicates that the downtrend may continue) Long positions carry risks, a small position gamble.
Sell Point: 2650 --2700 (close to the short-term resistance level, with significant selling pressure risk)
Short Stop Loss Point: 2740 (breaking through the resistance area indicates strong upward momentum; caution is advised for short positions)
Market conditions can change rapidly; any changes should be based on real-time data.